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Property Description

Elegant Investment Opportunity – Ocean Park Beachside Residence
Offered at: $1,500,000
(No Owner Financing Available)

Just steps from the golden sands of Ocean Park Beach, this distinguished residence offers the perfect blend of coastal tranquility and urban sophistication. Located within one of San Juan’s most exclusive gated beach communities, the property enjoys a prime location near Condado, Isla Verde, boutique hotels, fine dining, gourmet markets, top schools, and premier medical facilities.

Situated on a 609 m² lot, this single-story home spans approximately 3,800 square feet and features six spacious bedrooms and three-and-a-half bathrooms. The open-concept kitchen flows into a breezy backyard ideal for relaxing or entertaining. A detached two-bedroom guesthouse with a full bathroom and private street access provides added flexibility for guests, extended family, or passive income.

This home could easily be elevated into a true architectural gem with thoughtful design and renovation. Its solid footprint offers the potential to expand vertically and double the existing square footage, dramatically enhancing functionality and long-term value.

Offered fully furnished and turnkey for $1,500,000, the property is ready for immediate occupancy or short-term rental operation. With single-family homes in Ocean Park selling for $4 to $6 million, this is a rare chance to buy, live, and benefit from the price appreciation in San Juan’s most coveted beach neighborhood.

Highlights:

Prime location in Ocean Park’s gated beach community

6BR/3.5BA main residence + 2BR/1BA guesthouse

Fully furnished and move-in ready

Expansion potential to a second level

Safe, quiet, walkable neighborhood near the beach

Ideal for upscale living or high-performing rental

No owner financing available

Qualified buyers only.
Proof of funds (POF) and a mortgage pre-approval letter are required to coordinate private showings.
Motivated seller – Best Value Proposition in Ocean Park.
Add a touch of sophistication, and this could be a true gem.

Features
Above Ground
No
Central Air, Mini-split Unit(s)
Fenced, Masonry
Water
Yes, Dogs Ok, Cats Ok
Patio, Covered
Furnished
Cooktop, Dishwasher, Dryer, Microwave, Refrigerator, Electric Water Heater
Balcony, Outdoor Grill, Outdoor Kitchen, Garden
Ceramic Tile
1
Open Floorplan, Living Room/dining Room Combo, Solid Surface Counters, Window Treatments, Primary Bedroom Main Floor, Ceiling Fan(s)
Sidewalk, Floodzone, Near Public Transit, Coastalconstruction Control Line, Street Dead-end
Garage Door Opener, Converted Garage
Concrete
Public Sewer
Above Ground
Cable Connected, Electricity Connected, Sewer Connected, Electricity Available, Public, Cable Available, Phone Available, Fiber Optics, Water Connected, Water Available, Sewer Available
Address Map
PR
San Juan
SAN JUAN
00911
3 MALAGA STREET UNIT OCEAN PARK
0
W67° 56' 55.2''
N18° 27' 12.7''
Northeast
Inside gated Ocean Park. Calle Malaga #3 San Juan, PR 00911
OCEAN PARK GATED COMMUNITY
Additional Info
PUERTO RICO CORPORATE RENTALS
VICTOR ALONSO VEGA
Contemporary, Cape Cod, Mediterranean
$140
Monthly
2
Concrete, Cement Siding
532
Slab, Concrete Perimeter
One
743575220
743580042
Cash, Conventional
Storage, Guest House, Cabana, Outdoor Kitchen, Additional Single Family Home, Gazebo
Completed
Street Dead-end, Street Paved
No
$2,064
2023
Public
RT-4
04/11/2025 10:35:38
$0

    3 Calle MALAGA, SAN JUAN, Puerto Rico 00911

    3 MALAGA STREET UNIT OCEAN PARK, SAN JUAN, Puerto Rico 00911

    6 Bedrooms
    3 Bathrooms
    3,800 Sqft
    $1,650,000
    Listing ID #PR9100377
    Basic Details
    Property Type : Residential
    Listing Type : For Sale
    Listing ID : PR9100377
    Price : $1,650,000
    Bedrooms : 6
    Rooms : 13
    Bathrooms : 3
    Half Bathrooms : 1
    Square Footage : 3,800 Sqft
    Year Built : 1960
    Lot Area : 6,759 Sqft
    Standard Status : Active
    Bathrooms Total : 3.5
    Building Area : 3,800 Sqft
    MLS Status : Active
    Property Type : Single Family Residence
    Agent Info
    Randall Ureña
    Contact Agent
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